The story
Founded by Andrej Babiš on Jan 25, 1993, in Prague.1
Agrofert was founded by Czech state company Petrimex (where Andrej Babiš worked as salesman), on January 25, 1993, and in its current form on July 1, 2000. The company was founded in 1993 by Petrimex. Andrej Babiš has directed the conglomerate until January 2014 and owned it until 2017, he was forced to transfer ownership of the company to two trust funds AB private trust I and AB private trust II controlled by his family and lawyers in order to comply with the new conflict of interest legislation passed by the Parliament.
In 2013, Agrofert acquired the media company Mafra, publisher of the newspapers Mladá fronta DNES, Lidové noviny, as well as the news website iDNES.cz. Later that year, it also acquired Londa, the operator of the radio station Rádio Impuls.
Speculations in January 2014 also indicated that the holding company was considering buying Prima or Nova television.
In June 2022, Borealis agreed to sell its nitrogen business to Agrofert for €810 million. The transaction was completed on 5 July 2023 and included fertilizer, melamine and technical nitrogen operations, production assets in Austria, Germany and France, and a European sales and distribution network.
In September 2023, Agrofert agreed to sell Mafra, Londa and chemical company Synthesia to the investment group Kaprain controlled by Karel Pražák. Following regulatory approvals, the transaction was completed on 1 February 2024.
On 15 October 2025, Babiš has once again become the sole owner of Agrofert. On 20 February 2026, Babiš transferred ownership of the company to the private RSVP Trust fund.
From Wikipedia’s article on Agrofert, shared under CC BY-SA 4.0.5